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2. When is it worth breaking a CD? What savers need to know ...

   www.aol.com/finance/cd-early-withdrawal-penalty...

   Let's assume that this CD has an early withdrawal penalty equal to 12 months of interest — meaning it'd cost you $400 to break it. Moving your funds to a new 5.00% APY CD would earn $3,152 over ...

3. Here’s when an early withdrawal from a CD is worth it - AOL

   www.aol.com/finance/early-withdrawal-cd-worth...

   Here are some examples of standard CD early withdrawal penalties. Financial institution. 5-year CD. 3-year CD. 1-year CD. Ally Bank. 150 days of interest. 90 days of interest. 60 days of interest.

4. No-penalty CD vs. savings account: How to match your ... - AOL

   www.aol.com/finance/no-penalty-cd-vs-savings...

   Banks typically offset the benefit of no early withdrawal fees by paying lower rates on no-penalty CDs than for standard CDs. Less flexibility than a savings account.

5. Best CD rates today: Last days to lock in up to 4.75% APY on ...

   www.aol.com/finance/best-cd-rates-today-last...

   Early withdrawal penalties are typically expressed in months of interest you’re giving up — for example, 90 days of interest for CD terms of up to 24 months. Often the longer the term, the ...

6. What is a no-penalty CD? How to enjoy high yields and ... - AOL

   www.aol.com/finance/what-is-a-no-penalty-cd...

   A no-penalty CD works much like a traditional CD, except there’s no early withdrawal penalty: You deposit a lump sum of money for a set term — usually fairly short terms of 6 to 15 months.

7. Even at 4%, CDs Have One Hidden Risk Most Don't Know About - AOL

   www.aol.com/even-4-cds-one-hidden-131509700.html

   The penalty amount could be (for example) 90 days' worth of interest on a 6-month CD, or 180 days' worth of interest on a 1-year CD -- each bank sets its own rules for early withdrawal penalties.